Custody Transfer and Flow Measurement
In fluid measurement, custody transfer is defined as the metering point (location) where the fluid is being measured for sale from one party to another. It regulates the commercial transactions of goods (Oil and Gas products and chemicals, etc.). In a custody transfer system, there is no room for error when preparing detailed reports because the slightest mistake can cause huge losses to the company. Thus, auditable values, repeatability, and high accuracy are imperative in this domain. Attendees are expected to achieve these results by completing this programme.